Answer:
30 pineapples
Explanation:
The computation of the marginal product of the 11th pineapple picker is shown below:
= 11 pineapple - 10 pineapple
= 270 pineapples - 240 pineapples
= 30 pineapples
Hence, the marginal product of the 11th pineapple picker is 30 pineapples
We simply applied the above formula so that the correct value could come
Based on the majors indicators, the U.K economy perform above expectations as the UK surprised the world in the second half to 2013 with the robustness of its economy.
<h3>What are the three major indicators of the economy?</h3>
Economic indicators cover measurements of stability and macroeconomic performance, such as gross domestic product (GDP), consumption, investment, and international commerce (central government budgets, prices, the money supply, and the balance of payments).
The GDP, unemployment rate, and inflation are the main three indicators that economists look at to determine how the economy is performing overall. The primary gauge of macroeconomic performance is generally acknowledged to be the Gross Domestic Product (GDP). An economy's overall size can be determined by looking at its GDP in absolute terms, whereas its overall health can be determined by observing fluctuations in GDP, which are frequently quantified as real GDP growth.
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Answer:
$366,287.15
Explanation:
Annual salary = $32000
No. of years (n) = 30 years
Increment in salary = $600
Deposit rate = 10%
Interest rate (r) = 7% or 0.07
Growth rate (g) = Increment in salary \div annual salary
Growth rate = $600 \ $32000
Growth rate = 0.01875
First deposit = $32000 x 10% = $3200
Future worth = [First deposit \ (r - g)] x [(1 + r)n - (1 + g)n]
Future worth = [$3200 \ (0.07 - 0.01875)] x [(1 + 0.07)30 - (1 + 0.01875)30]
Future worth = [$3200 \ 0.05125] x [(1.07)30 - (1.01875)30]
Future worth = $62439.0243902 x [7.6122550423 - 1.7459373366]
Future worth = $62439.0243902 x 5.8663177057
Future worth = $366287.15
Hence, the future worth at retirement is $366,287.15
Answer:
The $1,200,000 should be accounted for in Grove’s special revenue funds
Explanation:
Special revenue fund: The special revenue fund is a fund that is introduced by the government to collect the money from the public. It is made to fulfill the need for specific purposes/ projects.
The computation of special revenue funds is shown below:
= Income received for providing the meals to the needy people + financing of sales tax with respect to tourist facilities maintenance in the shopping district
= $300,000 + $900,000
= $1,200,000